Salmon Adams Hilton (Claims Negotiators) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01885845 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

SALMON ADAMS HILTON (CLAIMS NEGOTIATORS)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J S Salmon

SECRETARY:

S Lake

REGISTERED OFFICE:

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

REGISTERED NUMBER:

01885845 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

CURRENT ASSETS

Debtors

4

701,165

646,702

Cash at bank

18,350

-

719,515

646,702

CREDITORS

Amounts falling due within one year

5

(116,948

)

(100,758

)

NET CURRENT ASSETS

602,567

545,944

TOTAL ASSETS LESS CURRENT LIABILITIES

602,567

545,944

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

602,467

545,844

SHAREHOLDERS' FUNDS

602,567

545,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 September 2019 and were signed by:

J S Salmon - Director

1.	STATUTORY INFORMATION

SALMON ADAMS HILTON (CLAIMS NEGOTIATORS) LIMITED is a private company, limited by shares , registered

in England and Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

3,103

36,012

Amounts owed by group undertakings

698,062

610,690

701,165

646,702

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Bank loans and overdrafts

-

13,994

Trade creditors

18,926

-

Amounts owed to group undertakings

60,500

44,500

Taxation and social security

30,622

35,364

Other creditors

6,900

6,900

116,948

100,758

6.	ULTIMATE CONTROLLING PARTY